1205 12 SW st - 12th & 12th Development Site 0.22 Acres of Commercial Land Offered at $2,339,027 USD in Calgary, AB T3C 3W9
INVESTMENT HIGHLIGHTS
- A development permit (DP2024-08296) was submitted to the City of Calgary in November 2024. It is transferable and allows for a shovel-ready project.
- 1309 12 Ave SW, a multi-residential building directly west of the Site, can be acquired.
- Plans include two 4-storey buildings with a total gross floor area of 16,805 SF.
- This would increase the total developable land to approximately 16,300 SF and is zoned CC-MHX, the same as the subject property.
EXECUTIVE SUMMARY
12th & 12th represents an exceptional opportunity to acquire a 100% freehold interest in 9,778 square feet of development land in the Beltline neighbourhood of Calgary, Alberta. The Site represents a shovel ready development opportunity, as there is a pending Development Permit from The City of Calgary to support the development of a boutique mixed-use project. The Site benefits from superior frontage and exposure to 12 Avenue SW. The Site occupies a prominent corner lot position in an urban location that benefits from pedestrian friendly accessibility to numerous grocery stores, restaurants, cafes, and breweries all within walking distance. Available for purchase is a rare opportunity to acquire a development site in a rapidly densifying node, in the highly dynamic Calgary market
PROPERTY FACTS
| Price | $2,339,027 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.22 AC |
| Zoning | CC-MHX - Centre City Multi-residential High Rise Support Commercial District |
1 LOT AVAILABLE
Lot
| Price | $2,339,027 USD |
| Price Per AC | $10,420,129.66 USD |
| Lot Size | 0.22 AC |
DESCRIPTION
The Site occupies a prominent corner lot position at 12 Avenue SW and 12 Street SW, in the Beltline neighbourhood of Calgary, Alberta. • Walking distance to several retail amenities including 17th Avenue SW – Calgary’s entertainment district • A 10-minute walk to the Sunalta train station • Walking distance to the Bow River and the Bow River Pathway • Within a short drive to other trendy communities including Kensington, Bridgeland and Mission.
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (98)
